Electronic signatures offer a convenient, cost-effective, and efficient way to complete important documents and agreements. But even as electronic signatures continue to become more commonplace, some organizations may still require you to use a wet signature when signing a document.
So what are wet signatures and how do they differ from e-signatures?
Here’s everything you need to know about what wet signatures are, their advantages and disadvantages, and how electronic signatures may be a better alternative.
What is a Wet Signature?
A wet ink signature is a signature affixed to a hard copy of a document with a physical pen or seal. Wet signatures are commonly used to endorse official documents and are typically legally binding.
While electronic signatures have become more and more common, some organizations may still require users to wet sign documents for verification’s sake. However, modern electronic signatures can still carry the same weight as wet signatures and can be used in nearly all of the same circumstances.
Why is it Called a Wet Signature?
Wet signatures get their name due to the fact that they are created using wet ink, be it with a pen, stamp, or seal.
The name ‘wet signature’ simply indicates that the signature was completed using physical tools as opposed to electronic signatures, which are completely digital.
How Do You Make a Wet Signature?
You can make a wet signature by using a pen, stamp, or seal to physically sign a hard copy of a document.
A wet signature doesn’t necessarily have to be a person’s full name. Instead, it can be a person’s partial name, initials, a symbol, or another identifying mark that can be tied to the person signing the document.
What are the Disadvantages of Wet Signatures?
Traditionally, people have used wet signatures to verify documents and create legally binding agreements. But when compared to electronic signatures, wet ink signatures have several shortcomings.
The disadvantages of wet signatures include:
- Poor turnaround time: One of the biggest drawbacks of wet signatures is the time it takes to collect them. To collect a wet signature, you either have to mail a physical document to the signee or email a copy for them to print out and sign before mailing it back to you. In either case, the process can be delayed by delivery times, holiday schedules, business hours, etc. Electronic signatures can be completed much more quickly to facilitate more efficient business communications.
- Record keeping: Physical documents signed with wet ink signatures need to be filed away and scanned for digital storage. Electronic signature platforms like jSign make it easy to save and organize your electronic documents in the cloud for better recordkeeping and easy access.
- Higher costs: When dealing with physical documents and wet ink signatures, it’s important to consider the additional costs that come with them, including ink, paper, printer maintenance, delivery fees, and more. You also need to consider the time it takes to complete this process and how that can impact your revenue.
- Environmental impact: Electronic signatures are more environmentally responsible than wet signatures as they don’t require the use of paper or ink.
Collecting wet signatures is also often more inconvenient for recipients as they are required to print the document, sign it, then re-scan it or mail it back to you. By switching to electronic signatures, you can save time and money when signing documents and collecting signatures from others.
What are Electronic Signatures?
Electronic signatures are a more modern alternative to wet signatures that can be used in almost all of the same circumstances. E-signatures are legally binding, safe to use, and are often considered to be more convenient as they save time, money, and resources.
Platforms like jSign let users create their own custom signatures that they can use to sign documents online without having to print or scan anything.
Benefits of Electronic Signatures
Compared to wet ink signatures, e-signatures offer several benefits to businesses and professionals.
- Are cost-effective
- Offer faster turnaround times
- Have less impact on the environment
- Make it easier to keep organized records
- Are more convenient
- Are customizable
Electronic signatures offer these benefits while maintaining compliance with federal laws and regulations. In rare situations, you may be required to use a wet signature, but aside from these situations, e-signatures are a more efficient, cost-effective, and less time-consuming alternative.
Sign Documents Online with jSign
jSign is the leading electronic signature solution for professionals across all industries, ranging from finance and real estate to healthcare and insurance.
With jSign, you can effortlessly create a custom electronic signature that you can use to sign documents. You can also create document templates, send documents to others to collect signatures, and take advantage of integrations to backup your files on platforms like Google Drive and Dropbox.
jSign Features & Benefits
jSign users get access to a variety of unique features and benefits that make signing documents fast, easy, and efficient.
jSign uses blockchain technology to track your documents and prevent unauthorized users from tampering with your sensitive files.
We track every change made to your document, complete with timestamps, to create a verifiable audit trail and ensure your document is enforceable.
jSign integrates with popular third-party apps like Google Drive, OneDrive, and Dropbox to give our users a way to safely store their sensitive files and documents.
By taking advantage of these integrations, you can easily import, export, and organize documents for future reference.
4 Ways to Sign
jSign offers users four convenient ways to sign documents online.
When setting up your account, you can choose to enter a custom digital signature, choose from a selection of predefined e-signatures, upload a photo of your signature, or use a signing pad to mimic your handwriting.
Two-factor authentication lets users safeguard their accounts against unauthorized users.
You can set up two-factor authentication using your email or phone number to receive a verification code anytime someone tries to log into your account.
Custom Document Templates
Businesses and professionals need to streamline their document workflows to save time and money.
With jSign’s customizable document templates, you can create templates for documents that you use frequently, making it easier to quickly sign documents and collect signatures from others.
Sign Up Now
jSign is available as a limited free trial featuring all of its capabilities, and paid plans start at just $9.99 a month.